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Shiba Inu (SHIB) fails to break $0.000005 resistance, facing strong selling pressure and bearish trend.

Technical Signals
05 Jul 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) attempted to recover past the key resistance level of $0.000005 but was sharply rejected, reinforcing a prolonged bearish trend. Despite brief rebounds, SHIB remains below major moving averages, indicating weak buying momentum and continued selling pressure. Without a significant increase in demand or a successful breakout above resistance, SHIB risks further declines or remaining stuck in its bearish channel. The immediate goal for bulls is to reclaim and hold above $0.000005 to shift momentum.

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